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Sunday, January 6, 2013

Rich Dad Poor Dad By Robert Kiyosaki: A Review

By Robert David Strong

In
a environment that revolves around money, financial advice is a
precious thing. The method that you manage your hard earned money could
be the difference between success and failure in accomplishing your
primary goal. Because of this, lots of people are now investing lots of
money in sound financial advice. These people vary from highschool
dropouts to CEOs along with postgraduate degrees in financial related
fields. They pay experts in colleges and universities to enable them to
chose a much better solution to make money; save the money they've
earned and spend it properly. Other people spend hours and hours and
cash attending workshops plus classes in every state in which talks are
given with regards to money associated challenges. Only one book seems
to cover all of the basics and this is possibly what has made it the
most effective when it comes to delivering financial help to people from
all parts of society. Rich Dad Poor Dad by Robert Kiyosaki
is really a book which has earned acclaim inside nearly all sectors. In
reality, many internet marketers and corporate executives have attested
to this, stating it has changed their lives as far as financial
management is concerned.

Rich Dad Poor Dad is the story of just one man (the author who's also
the narrator) who takes financial tips from the two 'dads' in his life.
The recommendations is, however, offered to him in two totally different
ways. His biological dad, whom actually is the poor dad, offers him
financial advice the good old way - go to school, work hard, get a's and
b's, get a good occupation, do your best at that profession and
routinely rise your way up the corporate ladder. However, the rich dad,
who is his best friend Mike's dad, gives him advice in a way unlike
anything he's ever heard before. The advice centers mainly on financial
management and ways to concentrate only on the important things in order
to achieve your goals as far as money is concerned. After a short
while, it is clear to the narrator as to that tips he need to follow.
This comes at the moment when he looks at his really educated father
working hard to achieve his financial goals while his best friend's dad,
the rich dad, is there.

In Rich Dad Poor Dad, Robert Kiyosaki provides 6 coaching that he says
are very important as far as managing one's money is concerned. Firstly,
he admits that the wealthy do not work for bucks. Prosperous men and
women do whatever they love given that they have an interest in it and
enjoy doing it. The monetary aspect of it appears naturally after this.
Next, the writer highlights the importance of financial literacy. As
long as this particular lesson is not shown in schools, says Robert
Kiyosaki, individuals will always be very poor financial professionals.
It is therefore important for people to learn as much pertaining to
finance and money as possible.

Another point is what he calls 'minding your own business'. The rat
race, or trying to keep up with the Joneses, certainly is the best way
to fail in your financial ambitions since you will always try to be like
someone else whose goals are different from your own. The 4th point is
to know all you can know about taxes and corporations as these 2 are
here to stay. 5th, he speaks about how the prosperous create money by
generating online business offerings. In the last point, Robert Kiyosaki
says that there is a need to work to learn and not to work for dollars.
In fact, he advocates that you ought to make money work for you.

Rich Dad Poor Dad, Robert Kiyosaki is introduced in a number of chapters
with just over Two-hundred pages. There are just several characters in
the book - the narrator, his biological dad (the poor dad) and his best
friend Mike's dad (the rich dad). Rich Dad Poor Dad premiered in April
2000 as a book in the usa and is accessible in both paperback and
hardback. The article author was born in The late 1940s in Hawaii and is
an investor, a business man and motivational speaker. Rich Dad Poor Dad
has composed over 15 books on the subject of financial literacy. These
books have sold more than 26 million copies around the world. He
graduated from the U.S Merchant Marine Academy in 1969 and served as a
gunship pilot in the U.S Marine Corps in the Vietnam War in 1972. In
1975, Robert Kiyosaki eventually left the military services and started
his career as a sales agent for the Xerox company. Robert Kiyosaki in
addition has developed wealth while in the mining industry. He has been
wedded to Kim Kiyosaki since 85.

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